In the “You Got This” Weekly Series, we will answer a question from our customers found on Facebook, Twitter, TaxACT’s Blog and around the web. Question: After entering my info into Form 1099-B, I think I’m getting double taxed on the sale of my employee stock options and ESPP shares. I haven’t adjusted the basis from what is shown […]

If you sold something – a house, a car, some stock, or even gold or silver coins – you may have a capital gain or loss. When we think of taxable income, most of us primarily think of our earned income, such as wages or self-employment income. We don’t always consider the car we sold […]

Each week we will answer one of the most frequently asked questions on Facebook, Twitter and TaxACT’s Blog in the “You Got This” Weekly Series. Question: I have used TaxACT for five years and prepaid for 2013 taxes. I live on a fixed income (Social Security/Disability) and had to sell my home or it would have been foreclosed on. I did […]